Form 4: Cactus Inc. Executive Stephen Tadlock Reports Stock Transactions
SEC Form 4
EVP and CEO of Spoolable Technologies at Cactus Inc., Stephen Tadlock, reports acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On March 10 and 11, 2025, Stephen Tadlock, EVP and CEO of Spoolable Technologies at Cactus Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- These transactions include the acquisition of shares through the vesting of restricted stock units and the disposal of shares to cover tax obligations.
- Specifically, on March 10, 2025, 7,976 shares were acquired through vesting, and 3,140 shares were disposed of at a price of $45.24.
- On March 11, 2025, transactions included the acquisition of 2,584 shares, followed by the disposal of 1,017 shares at $46.47, then the acquisition of 4,972 shares, followed by the disposal of 1,957 shares at $46.47.
- Following these transactions, Tadlock directly owns 45,695 shares of Class A Common Stock and 111,468 Restricted Stock Units.
- The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports stock transactions by an executive, which is a normal part of corporate governance. There is no indication of positive or negative sentiment related to the company's performance or future outlook.
Positives
- The acquisition of shares through vesting of restricted stock units indicates a continued alignment of the executive's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity, which is closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| 03/10/2023 | Reporting person was granted 23,932 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/11/2022 | Reporting person was granted 7,752 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/11/2024 | Reporting person was granted 14,915 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/10/2025 | Earliest transaction date; reporting person was granted 12,080 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/10/2025 | Acquisition of 7,976 Class A Common Stock via vesting of Restricted Stock Units. |
| 03/10/2025 | Disposal of 3,140 Class A Common Stock at $45.24. |
| 03/11/2025 | Acquisition of 2,584 Class A Common Stock via vesting of Restricted Stock Units. |
| 03/11/2025 | Disposal of 1,017 Class A Common Stock at $46.47. |
| 03/11/2025 | Acquisition of 4,972 Class A Common Stock via vesting of Restricted Stock Units. |
| 03/11/2025 | Disposal of 1,957 Class A Common Stock at $46.47. |
| 03/12/2025 | Date of signature for the Form 4 filing. |
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